February 27, 2017 4:03 AM ET

Biotechnology

Company Overview of OvaScience, Inc.

Company Overview

OvaScience, Inc., a fertility company, discovers, develops, and commercializes new fertility treatment options for women worldwide. The company’s patented technology is based on the discovery of egg precursor (EggPC) cells, which are immature egg cells found in the protective outer layer of a woman's own ovaries. It engages in developing and commercializing various fertility treatment options designed to enhance egg health and revolutionize in vitro fertilization (IVF) consisting of AUGMENT to enhance the energy and health of the woman’s eggs by using mitochondria from a woman's EggPC cells; OvaPrime treatment is used to replenish a woman's egg reserve by transferring the EggPCs from woman's...

9 Fourth Avenue

Suite 240

Waltham, MA 02451

United States

Founded in 2011

87 Employees

Phone:

617-500-2802

Key Executives for OvaScience, Inc.

Co-Founder and Executive Chairman
Age: 40
Compensation as of Fiscal Year 2015.

OvaScience, Inc. Key Developments

OvaScience, Inc. Presents at 35th Annual JP Morgan Healthcare Conference, Jan-12-2017 08:30 AM

OvaScience, Inc. Presents at 35th Annual JP Morgan Healthcare Conference, Jan-12-2017 08:30 AM. Venue: Westin St. Francis Hotel, 335 Powell Street, San Francisco, CA 94102, United States. Speakers: Michelle Dipp, Co-Founder and Executive Chairman.

Ovascience, Inc. Approves Amendments to Articles of Incorporation

On December 21, 2016, the Board of Directors of OvaScience approved an amendment to the company's Second Amended and Restated Bylaws. The purpose of the amendment is to allow the company to have a vacancy in the office of Chief Executive Officer.

OvaScience, Inc. Announces Executive Changes; to Reduce its Workforce by Approximately 30%

OvaScience, Inc. announced a business update. The company will continue to make AUGMENT available to patients at partner clinics in Canada and Japan and maintain its current commercial footprint. However, the company will slow its commercial expansion, reassess its ongoing and planned clinical studies of AUGMENT, and undertake a corporate restructuring. These changes will enable the company to extend its cash position into the first quarter of 2019 and increase its focus on the development of OvaPrime and OvaTure. In connection with this shift in strategy, President and Chief Executive Officer, Harald Stock, Ph.D. and Chief Operating Officer, Paul Chapman, who were brought on board have chosen to step down to seek new opportunities. Michelle Dipp, M.D., Ph.D., Executive Chair and co-founder of OvaScience, will oversee operations while the company conducts a comprehensive search for a new chief executive officer. The company will also reduce its workforce by approximately 30%.

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